TJ3x3x3

Testing weekly S1

Long
COINBASE:BTCUSD   Bitcoin
We smashed through the consolidation triangle and are testing the weekly S1 level at 30.6k. A daily close below this level and we may be back to test 25k (Weekly S2 and Monthly Pivot). If the bulls can get us back in the 33k range (Monthly R1) we should find ourselves back up to the Weekly Pivot Point at 35k and get back on our parabolic track.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.